Himadri Speciality Chemical Ltd announces permanent closure of unit at Vapi, Gujarat

The Board of Directors of Himadri Speciality Chemical Ltd at its meeting held on 9 February 2021 has decided to permanently close the manufacturing unit, taken on lease situated at Vapi in G.I.D.C., Phase I, Vapi, Gujarat with effect from 10 February 2021. The tenure of the said lease expires on 26 February 2021.

The above unit shall be closed after completion of necessary formalities, and the machinery shall be either relocated to Company's existing facilities or disposed of.

Shares of Himadri Speciality Chemical Ltd was last trading in BSE at Rs.45.1 as compared to the previous close of Rs. 47.35. The total number of shares traded during the day was 353622 in over 1548 trades.

The stock hit an intraday high of Rs. 46.45 and intraday low of 44.65. The net turnover during the day was Rs. 16040732.

Source : Equity Bulls

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